Cost of submitting a coin to NGC, $95 a coin!?!?

I would contact him and just make sure it is done how you want it. You have been waiting for quite a while and have spent more than you expected. So...it might as well be done right.

 

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If he is still at the show you can tell him to go to the table and adjust the submission form. At least pay the $12 to have the correct date put on the holder. That's the 06/5, I guarantee you that. If he won't or can't fix it at the NGC table, have him call when the order gets entered into the system next Monday or Tuesday.

 

We thought it was the 0-101 over date. But none the less ill contact him tomorrow and see if he can get that changed.

 

They spend all of 10 seconds grading a coin. I use PCGS and they don't check for overdates unless you spell it out for them, literally. I bought an 1806 ngc vf25 last month that I crossed to PCGS. Came back as 1806/5 VF20. But they would have likely sent it back as a 1806 if I hadn't put it on the form for them.

 

Case in point: I bought this one the other day. See anything obvious about the date?
http://www.ebay.com/itm/1824-Bust-H...Mz%2Fc5tcP2TDG9kcyUto%3D&orig_cvip=true&rt=nc

 

Looks like 4/1 to me

 

1824/4. Anyway, my point is that despite it being so obvious, they don't look for it. They just grade the coin.

 

You can join NGC for $39 and send it in yourself.

 

Ya want 'em graded? Buy 'em graded.........

 

Here's an active listing that's an 1806/5 (different die pairing than yours). Jacked up price on it, but NGC didn't list it as the overdate, and the seller has no clue.
http://www.ebay.com/itm/1806-Draped...07?pt=Coins_US_Individual&hash=item2a3bbea1af

 

But if you did buy it and send it in it wouldn't be valued at more than he's asking right? I thought the 6/5 overdate ran for that price($1300) with the overdate. Maybe the CAC sticker increased the value

 

My PCGS VF20 1806/5 only sold for about $700 at auction.

 

I assume you are paying for economy grading as well as Overton attribution and shipping. If so, this may come close to $95.

 

Said it can't be done. Said it was a 4 page paperwork that can't be changed once it's submitted. Looks like I'll have to send it back after I get it to have the overdate put on it.

I think I'm just going to join NGC so I can send in my 1942/1-D dime and a few other coins I want to get graded.

Man this whole grading thing is a process.....

 

Even for coins worth over $3,000?
$25 per coin sounds about right if the coins can be submitted under the economy tier, but the coin in question here has to go under the early bird tier where the submission fee by itself is $30. (If he is an NGC authorized dealer he may also be getting a discounted rate and passing some of the savings on to you.)

True my comments were just covering the actual grading costs. I can definitely see a small fee to the dealer for doing the submitting, but when the actual submitting cost at the show was between $40 and $56, charging $95 is excessive.

I don't know. They MIGHT still list it as 1806/5 on the label because the overdate does appear on most listings, but without the extra $12 they won't list the O-102 designation on the label.

 

BigTee. It CAN be done, I am confident of that. I've called PCGS and changed orders over the phone. They just add the charges and bill my credit card. My own personal belief is that this dealer doesn't think you're worth the time or trouble (my impression, anyway). Poor customer service IMO. Join yourself and don't rely on this guy.

 

I feel the same way. It can be done...it just takes effort. I would avoid this guy going forward.

 

Just spend the money and join the Ana for ngc or join pcgs. Either way you don't have to rely on anyone else.

 

Cam,
Does this mean I would have to pay a pro rata share of your subscription to Ladies' Home Journal if I came to your office?
Chris